Cronos: Q4 Earnings Snapshot

Associated Press Finance
27 Feb

STAYNER, Ontario (AP) — STAYNER, Ontario (AP) — Cronos Group Inc. (CRON) on Thursday reported earnings of $43.7 million in its fourth quarter.

On a per-share basis, the Stayner, Ontario-based company said it had net income of 11 cents. Losses, adjusted for non-recurring gains, were 1 cent per share.

The cannabis company posted revenue of $30.3 million in the period.

For the year, the company reported profit of $41.1 million, or 11 cents per share. Revenue was reported as $117.6 million.

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